November 16, 2020

Africa

SUB-SAHARAN AFRICA: China, private sector partake in future debt restructurings

BY Malte Liewerscheidt

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( 3 mins) On 13 November, the G20 published the anticipated ‘Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative (DSSI)’. In what may be read as a concession to get China on board, the framework refers to debt cancellations as ultima ratio, reserved exclusively for “the most difficult cases”. Nevertheless, the framework also stipulates that debtor […]

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